Marketplace Minute with Bill Radke 4/23
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Marketplace Minute with Bill Radke 4/23
Goldman Sachs is in trouble
for betting against the housing bubble,
while they were selling opposite bets
to clients who now have some major regrets.
Plus, a Goldman director’s accused of aiding
a guy who’s accused of insider trading.
And all this comes right as the Congress considers
some rules that give Goldman a case of the jitters.
And that, you would think, is the end of my rhyming
About Goldman Sachs and its terrible timing.
But no! This was also their week to confess
that they just made $3 billion bucks, more or less.
GM is paying back what we loaned
(which is us paying us, since they’re taxpayer-owned).
Europe’s airlines are hemorrhaging cash,
cause Iceland’s volcano’s a plane in the ash.
And Europe says Greece’s debt still haunts ’em.
I’ve got some Greek bonds . . . if anyone wants ’em.
. . . well, if you change your mind, you know where I’ll be.
Come see me at marketplace.org.
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